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British financial advisory firm deVere Group has revealed plans to expand its graduate programme to meet growing and evolving demand.

At least 125 graduates will take part in the programme this year, up from 94 in 2017, the company’s founder and CEO Nigel Green has confirmed.

The decision is part of the company’s strategy to secure fresh talents in order to fill the impending gap of financial advisers.

Green commented: “Due to the ongoing success of the deVere Graduate Programme, which allows grad students to become qualified financial advisers often within two years, we will significantly expand it this year. We are committed to taking on at least 125 graduates in 2018.

He added: “With demand for sound, independent financial advice growing around the world, the baby boomer generation now in or heading into retirement, financial technology advances, and with many existing advisers exiting the industry due to the pressures of increasing regulation and /or retiring, there is a pressing need for the sector to step-up and to train and recruit the next generation of wealth management professionals to fill the impending ‘adviser gap.’

Green goes on to say: “The Programme begins with a foundation period at the firm’s administrative hub in Malta and is followed by further training at one of the deVere Academies, which can be found in locations including Dubai, Malaga, Sydney and New York.

“The locations are purposefully chosen for their diverse and vibrant social and cultural scenes, meaning graduates can get the most from their experience.”